Technology

Saudi ACWA Power expands portfolio with $693m acquisitions in Bahrain, Kuwait

the financial - 21 February, 2025

RIYADH: Saudi utility giant ACWA Power has strengthened its portfolio by acquiring a $693 million stake in power generation and water desalination companies in...

India may hike GST on cigarettes, tobacco products after compensation cess ends: Report

the financial - 21 February, 2025

Currently, cigarettes and tobacco products attract a 28 percent GST, in addition to a compensation cess and other levies, taking the total indirect tax...

HP Telecom India, Swasth Foodtech IPOs open for subscription today

the financial - 21 February, 2025

On February 28, HP Telecom India will make its debut on the NSE Emerge, while the trading in Swasth Foodtech shares will commence on...

Technology

Jack Ma backs off on plans to sell Alibaba shares after stock plunge

the financial - 24 November, 2023

Jack Ma has put off plans to sell hundreds of millions of dollars worth of Alibaba shares after the Chinese tech giant’s stock plummeted...

Technology

Chipmaker Broadcom completes $69bn deal to buy VMware

the financial - 24 November, 2023

Computer chipmaker Broadcom has completed its $69bn (£55bn) acquisition of cloud computing firm VMware, wrapping up one of the biggest takeover deals in the technology sector. The...

Technology

WhatsApp rolls out new feature, allows some users to link email address

the financial - 23 November, 2023

WhatsApp has rolled out a new feature letting some users link their email addresses to the messaging app. The Meta-owned platform, which allows people...

Technology

OpenAI announces Sam Altman to return as CEO

the financial - 23 November, 2023

In what could be the day's biggest plot twist for the tech industry, OpenAI on Wednesday announced that Sam Altman is returning to the...

Technology

Smart City Expo Doha 2023 to Attract Digital Experts from 16 Countries on Nov. 29, 30

the financial - 23 November, 2023

The Ministry of Communications and Information Technology (MCIT) is hosting the 3rd Smart City Expo Doha 2023 on Nov. 29 and 30, with the...

Technology

OpenAI shake-up sparks chaos: CEO ousted, Microsoft steps in for AI dominance

the financial - 21 November, 2023

OpenAI has gone from ruling the world of artificial intelligence with ChatGPT to chaos, its chief executive ousted seemingly for advancing too fast and too...

Technology

Emirates NBD empowers its workforce by enhancing digital skills

the financial - 13 November, 2023

Banking Innovation and Technology 2023 Summit, organised by KT Events in partnership with We Value, will bring together top talents from banking and fintech...

Business

Two friends built Dh600 AI start-up using ChatGPT, sell it for Dh550,000

the financial - 23 October, 2023

Two budding entrepreneurs and friends took help from ChatGPT and built a start-up with just a modest investment of $185 (Dh600), reported CNBC. The...

Technology

G42 and OpenAI partner to deploy advanced AI in UAE and broader region

the financial - 19 October, 2023

G42, the leading UAE-based technology holding group, has announced a partnership with OpenAI, the AI research and deployment company behind ChatGPT, to deliver cutting-edge...

Technology

Dubai Chamber of Digital Economy signs two MoUs on the sidelines of Expand North Star

the financial - 18 October, 2023

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has signed two Memorandums of Understanding (MoUs)...

Technology

stc Group Announces the Biggest-ever Expansion of the 5G Network in its History

the financial - 18 October, 2023

stc Group has announced the largest expansion of the 5G network in history. Investments will be made to develop and expand the existing network...

Technology

Generative AI model to transform Abu Dhabi’s healthcare sector

the financial - 13 October, 2023

M42, a global tech-enabled healthcare network, has launched Med42, a new open-access Clinical Large Language Model (LLM) that aims to take the concept of...

Crypto

CoinMarketCap Launches ChatGPT Plugin to Simplify Crypto Analysis

the financial - 11 October, 2023

CoinMarketCap, the well-known cryptocurrency data platform, introduced a ChatGPT plugin on Tuesday, offering users a streamlined way to access complex crypto market analysis. The new...

Technology

Dubai launches ‘Dubai AI’, its own AI-powered digital city concierge

the financial - 11 October, 2023

Matar Al Hemeiri, Chief Executive, Digital Dubai Government Establishment, Digital Dubai, today announced the launch of ‘Dubai AI’, a generative AI-powered digital city concierge,...

Technology

Second Saudi Forum for Fourth Industrial Revolution Concludes

the financial - 10 October, 2023

The Second Saudi Forum for the Fourth Industrial Revolution concluded in Riyadh, organized by the Center for the Fourth Industrial Revolution at the King...

Technology

Should new tech rules apply to Microsoft’s Bing, Apple’s iMessage, EU asks

the financial - 9 October, 2023

EU antitrust regulators are asking Microsoft's (MSFT.O) users and rivals whether Bing should comply with new tough tech rules and also whether that should be the...

Technology

Immensa’s $6 mln AI investment ‘to help transform energy supply chains’

the financial - 9 October, 2023

Immensa, the MENA region’s leading additive manufacturing and digital warehousing company, is set to invest more than $6 million in enhancing its recently launched...

Technology

Can AI popstars make it in the real world?

the financial - 6 October, 2023

They sing, they dance, they model, but they don't exist in real life - virtual influencers are trying to break out of the metaverse...

Technology

Companies double down on AI in June-quarter analyst calls

the financial - 7 August, 2023

It's a high bar, but companies reporting second-quarter earnings in recent weeks have talked up artificial intelligence even more than in the previous quarter. S&P...

Technology

A.I. is on a collision course with white-collar, high-paid jobs — and with unknown impact

the financial - 7 August, 2023

The notion of technological advancement upending the job market isn’t a new phenomenon. Robots and automation, for example, have become a mainstay of factory floors and assembly...